Answer:
Demand for plastic sprinklers for year 1 Year 2 Year 3 and Year 4 is 98 (33 + 14 + 51) , 111 , 133, 136.
Explanation:
The Production line capacity requirement for the next four years will be equal to the demand for the next four years. The production line needs to meet the annual demand for the plastic sprinklers. The production line is extended and economies of scale is introduced with helps the company save additional cost of extension in the production line.
Answer:
Option D is correct,$1,950,000
Explanation:
In order to compute the closing balance of retained earnings, the preferred shares dividends for prior and current years as well as the common stock dividend must be deducted from net income before adding the remnant to the opening retained earnings:
Net income $870,000
Preferred dividend prior year($100*20000*8%) ($160,000)
Preferred dividend current year($100*20000*8%) ($160,000)
Common stock dividend($2*100,000) ($200,000)
net income after dividends $350,000
Closing retained earnings=$1600,000+$350,000
=$1,950,000
Answer:
$ 464,120
Explanation:
Data provided :
Estimated total fixed manufacturing overhead = $ 492,000
Estimated machine hours = 30,000 hours
Actual total fixed manufacturing overhead = $ 517,000
Actual total machine-hours during the period = 28,300 hours
Estimated overhead Rate is given as:
= ( Estimated Fixed Manufacturing Overhead) / (Estimated Machine Hours )
or
Estimated overhead Rate = $ 492,000 / 30,000 hours = $ 16.4 / hr
Now,
the total amount of overhead = overhead Rate × Actual total machine-hours
or
the total amount of overhead = $ 16.4 / hr × 28,300 hours = $ 464,120
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Answer:
Following are the response to the given points:
Explanation:
For point b:
